Ford Motor Company F delivered better than expected EPS and revenue for the third quarter.
- Reports adjusted EPS of $0.26, tops by $0.06.
- Delivers revenue of $35.9 billion, beats by $2.75 billion.
- While North America revenue fell $1.9 billion, South America revenue dipped $245 million.
- Company continues to expect adjusted pre-tax profit of approximately $10.2 billion for the full year.
President and CEO Mark Fields said, "This quarter, we delivered key elements of our growth plan by fortifying our core business with the launch of the all-new Super Duty pickup, transforming Lincoln with the new Continental and investing in emerging opportunities with the acquisition of the Chariot crowd-sourced shuttle service. Importantly, we remain on track to deliver one of our best profit years ever."
At last check, the stock fell 1.01 percent to $11.76 in the pre-market session.
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